Broberg on the European Commission's jurisdiction to scrutinise mergers /

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Bibliographic Details
Author / Creator:Broberg, Morten P., author.
Uniform title:European Commission's jurisdiction to scrutinise mergers
Edition:Fourth edition.
Imprint:Alphen aan den Rijn,The Netherlands : Kluwer Law International ; ©2013.
Description:xx, 506 pages : illustrations ; 25 cm.
Language:English
Series:European monographs ; 16
European monographs ; 16.
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/9338609
Hidden Bibliographic Details
ISBN:9789041133397 (cloth : alk. paper)
9041133399 (cloth : alk. paper)
Notes:Includes bibliographical references (pages [273]-292) and index.
Table of Contents:
  • Preface to the Fourth Edition
  • Preface to the Third Edition
  • Preface to the Second Edition
  • Preface to the First Edition
  • Chapter 1. Introduction
  •  1.01. Control of Concentrations and the World of Politics
  •  1.02. The Scope of the Merger Regulation
  •  1.03. One-Stop-Shop
  • [A]. The Main Rule
  • [B]. The Exceptions
  • [C]. The Relationship between the One-Stop-Shop and the Union Dimension
  •  1.04. The Thresholds
  •  1.05. Basic Overview of the Merger Regulation Procedure
  •  1.06. This Work
  • [A]. The Subject Matter
  • [B]. Structure
  • [C]. Cut-off Date for the Work
  • Chapter 2. The Undertakings Concerned
  •  2.01. Introduction
  •  2.02. The General Definition
  • [A]. 'The Direct Participants'
  • [B]. The Two-Thirds Threshold and the Undertakings Concerned
  • [C]. Individuals and Families as Undertakings Concerned
  •  2.03. Joint Bidding and Full-Function Joint Ventures
  • [A]. Introduction
  • [B]. Setting Up a Full-Function Joint Venture
  • [C]. Joint Acquisition of Control
  • [1]. Introduction
  • [2]. Direct and Indirect Joint Acquisition of Control
  • [3]. Acquisition of Control by an Independent Joint Venture
  • [4]. Consequences of the Distinction between Bid Vehicles and Independent Joint Ventures
  • [D]. Acquisition of Joint Control in Order to Split Assets Immediately
  •  2.04. Taking Over a Part Only
  • [A]. Introduction
  • [B]. Definition of a 'Part'
  • [C]. Going from Joint to Sole Control
  • [D]. Changes in the Number of Parents of a Joint Venture
  • [E]. Replacing One Shareholder with Another in a Joint Venture
  • [F]. Dividing Jointly Controlled Assets
  • [G]. Asset Swaps
  • [H]. Demergers
  • [I]. Outsourcing
  • [J]. Applying Article 5(2) to the Creation of a Joint Venture
  • [K]. The British Airways/Dan Air Case
  • [1]. Introduction
  • [2]. Background
  • [3]. The Judgment of the General Court
  • [4]. Article 5(2) and Dan Air
  • [5]. Minimising the Damage
  • [L]. Staggered Transactions
  • [1]. Introduction
  • [2]. What Transactions Are Covered?
  • [3]. When Are the Parties to a Transaction 'the Same'?
  • [4]. Creeping Acquisitions
  • [5]. How Is the Two-Year Time Limit Calculated?
  • [6]. When Must the Commission Examine the Transactions?
  • Chapter 3. The Group
  •  3.01. Introduction
  •  3.02. The Notion of Control
  • [A]. Introduction
  • [B]. Actual versus Formal Control
  • [C]. Direct and Indirect Control
  • [D]. The Point in Time when Control must Exist
  • [E]. The Four Criteria in Article 5(4)(B)
  • [1]. Introduction
  • [2]. Owns More than Half the Capital or Business Assets
  • [3]. Has the Power to Exercise More than Half the Voting Rights
  • [4]. Has the Power to Appoint the Majority of the Board (etc.) of the Undertaking
  • [5]. Has the Right to Manage the Undertakings Affairs
  • [F]. Networks of Undertakings (Multi-partnerships)
  •  3.03. The Related Undertakings
  • [A]. Introduction
  • [B]. Subsidiaries
  • [C]. Parent Undertakings
  • [D]. Sister-Undertakings
  • [E]. Group-Members Have Joint Control Over an Undertaking
  • [F]. Undertakings Concerned have Joint Control over a Third Undertaking
  • [G]. The Commission's Approach to Joint Control over the Undertaking Concerned
  • [H]. Agents / Intermediaries
  • [I]. Investment Funds
  • [J]. Public Undertakings
  • Chapter 4. The Basic Rules
  •  4.01. Introduction
  •  4.02. Preceding Financial Year
  • [A]. The Main Rule
  • [B]. Taking New but Unaudited Figures into Account
  • [C]. Acquisitions and Divestitures Completed Since the Preceding Financial Year
  • [D]. Financial Year of More/Less than 12 Months Duration
  • [E]. Accounts Which Do Not Follow the EU Standards
  • [F]. No Reliable Accounts Available
  •  4.03. Point in Time for Establishing Jurisdiction
  •  4.04. Ordinary Activities
  • [A]. The Main Rule
  • [B]. Extraordinary Items
  • [C]. State Aid
  •  4.05. Taxes and Sales Rebates
  •  4.06. Conversion into Euros
  •  4.07. Intra-Group Sales
  • [A]. Introduction
  • [B]. Sales between the Undertakings Concerned
  • [C]. Joint Ventures and Intra-group Sales
  • [1]. Joint Venture Is Not Part of the Group
  • [2]. Joint Venture Is Part of the Group
  • [3]. Joint Control Only Together with a Third Party
  • [D]. Selling Off a Part and Intra-group Sales
  • Chapter 5. Geographic Allocation of Turnover
  •  5.01. Introduction
  •  5.02. The Relevant Sale
  • [A]. Sale Out of the Group
  • [B]. Sales through Agents
  •  5.03. Tangible Products
  • [A]. Place of Purchaser, Place of Delivery
  • [B]. Place Where the Product Is Used
  • [C]. Three Guiding Rules
  • [D]. Sale of Rights to Tangible Products
  •  5.04. Services
  • [A]. The Main Rule
  • [B]. Transport and Courier Services
  • [1]. Transport of Goods
  • [2]. Transport of Persons
  • [C]. Telecoms
  • [D]. Energy Distribution
  • [E]. Banking and Insurance
  • [F]. Radio and Television
  • [G]. The Internet
  • [H]. Commodity Exchanges Etc.
  •  5.05. Changes in the European Union Territory
  • Chapter 6. The Financial Sector
  •  6.01. Introduction
  •  6.02. Credit Institutions and Other Financial Institutions
  • [A]. Background
  • [B]. The Definition of 'Credit Institutions and Other Financial Institutions'
  • [C]. Banking Income under the Merger Regulation
  • [D]. Geographic Allocation of Banking Income
  •  6.03. Insurance Undertakings
  • [A]. Introduction
  • [B]. Definition of an Insurance Undertaking
  • [C]. Gross Premiums Written
  • [1]. Introduction
  • [2]. Amounts Received and Receivable
  • [3]. Contracts Issued by or on Behalf of the Insurance Undertakings
  • [4]. Outgoing Reinsurance Premiums
  • [5]. Taxes and Parafiscal Contributions or Levies
  • [6]. Premiums from the Reserves for Reimbursement in Life Insurance
  • [D]. The Definition of 'Residence' in Article 5(3)(b)
  • [1]. Introduction
  • [2]. Residence Explained
  • [3]. Applying the Residence Criterion
  •  6.04. Mixed Groups
  • [A]. Introduction
  • [B]. Article 5 and Mixed Groups
  • [C]. Holding Securities on a Temporary Basis (Article 3(5)(A) of the Merger Regulation)
  • [D]. The Commission's Approach
  • [1]. The AG/Amev Case
  • [2]. The Midland Bank Case
  • [E]. Evaluating the Mixed Groups Rule
  • Chapter 7. The EEA Agreement
  •  7.01. Background
  •  7.02. The Basic Rules in the EEA Competition-Enforcing System
  • [A]. Two Enforcement Bodies
  • [B]. Cooperation between the European Commission and the ESA
  • [C]. Judicial Review
  •  7.03. Jurisdiction
  • [A]. Introduction
  • [B]. EEA Dimension?
  • [C]. EFTA Dimension
  • [D]. Allocation of Jurisdiction
  • [1]. The Main Rule
  • [2]. Referral from the Commission to a Member State
  • [3]. Referral from One or More Member States to the Commission
  • [4]. Consequences of Splitting the EEA into Two Separate Areas
  • [E]. Cooperation in the Field of Concentrations
  •  7.04. Final Comment
  • Chapter 8. Forum Shopping under the Merger Regulation
  •  8.01. introduction
  •  8.02. A Brief Outline of the Jurisdictional Rules
  •  8.03. Giving the Concentration a Union Dimension
  • [A]. Introduction
  • [B]. Making an Acquisition through a Joint Venture
  • [C]. Escaping the Two-Thirds Rule by Including an Extra Undertaking Concerned
  • [D]. Acquisition of Sole Control Over Previously Reduced or Enlarged Companies
  • [E]. Splitting One Transaction or Joining More Transactions
  • [F]. Other Possibilities
  • Chapter 9. Real Union Dimension
  •  9.01. Introduction
  •  9.02. The Turnover Thresholds and Real Union Dimension
  • [A]. 'Real Union Dimension'
  • [B]. The External Limit of the Merger Regulation
  • [1]. Before the Gencor Judgment
  • [2]. The Gencor Judgment by the General Court of the European Union
  • [3]. Has the Commission Duly Observed the Regulation's Limits?
  • [4]. Conclusion on the Extraterritorial Reach
  • [C]. The Internal Limit of the Merger Regulation
  • [1]. Member State Control or Union Control?
  • [2]. Concentrations with a Real Union Dimension that Escape the Thresholds
  • [D]. Conclusion on Whether the Turnover Thresholds Provide a Suitable Definition of 'Real Union Dimension'?
  •  9.03. Is it Possible to Improve the Regulation's Definition of Union Dimension?
  • [A]. Introduction
  • [B]. The Problem in the Present Definition
  • [C]. Solutions
  • [1]. Introduction
  • [2]. Market Shares
  • [3]. Size of Transaction
  • [4]. Refining the Present System
  • [D]. Recommendations for Improving the Delimitation of Jurisdiction
  •  9.04. Final Comments
  • Bibliography
  • Appendix I. Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings
  • Appendix II. Commission Regulation (EC) NO. 802/2004 of 21 April 2004 implementing Council Regulation (EC) No. 139/2004 on the control of concentrations between undertakings
  • Appendix III. Commission Consolidated Jurisdictional Notice under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings
  • Table of Cases
  • Index